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Welcome to FINSTOCK, your go-to destination for unlocking the secrets of the stock market and mastering the world of finance!
About Us:
At FINSTOCK, we're passionate about empowering you with the knowledge and insights needed to navigate the dynamic landscape of the stock market and financial markets. Whether you're a seasoned investor, a curious beginner, or someone looking to enhance their financial literacy, our channel is designed for you!
What to Expect:
In-Depth Market Analysis: Dive deep into market trends, explore economic indicators, and stay ahead of financial news to make informed investment decisions.
Risk Management and Trading Psychology: Learn how to manage risks, control emotions, and develop the right mindset for successful trading and investing.
Educational Content: Access comprehensive tutorials, guides, and educational series to enhance your understanding of financial instruments, market mechanics, and investment principles.
Referral link:
https://kyc.swastika.co.in/customer/login/F4FBBF2A
Channel link:
https://www.youtube.com/@finstock12
Whats aap Group:
https://chat.whatsapp.com/HRyARBhyf8XCEJaQ3h7NHH
https://twitter.com/Shreyash_87
#trading
#mistakes
#stocks
#stockmarket
#Breakout stock
#mutualfunds
#futures
#nifty
FUTURES & OPTIONS
BANKNIFTY
Best breakout stocks for tomorrow
Defense stock
#STOCKMARKET
Category
📚
LearningTranscript
00:00hello friends welcome back to our channel friends talk today we are with yet
00:13another episode of our weekly market analysis series so as you know that in this series
00:20we analyze how the indexes performed in last week and the outperforming
00:28indexes we analyze the stocks in them and make our strategy for next week
00:37so if you see then this week which was closed on 5th
00:45in that IT index 4.3% PSE index 3.83% and pharma index 3.66% outperformed
00:55as I have been saying since last two weeks that IT is outperforming
01:01and we can see the chances of buying in IT shares
01:05so as per that last two weeks and this is the third week in which IT is outperforming the market
01:12so you can analyze the IT stocks and you can make your strategy for next week
01:20then next was PSE which was 3.83% and pharma index 3.66%
01:27so pharma index is also outperforming since last two weeks
01:35so you can analyze the pharma stocks and you can make your strategy for next week
01:45then the underperforming sectors were PSU, Bank, Auto and Consumption
01:54PSU was closed on negative and Bank Nifty was 0.61%
02:03means private bank has shown good performance and government bank has slowed down
02:10Auto which was performing well since last few months is also slowing down
02:16and consumption is also 0.8% but we can see slowdown in that also
02:22so friends now we will analyze the individual stocks
02:28so you watch our videos but like it, share it with your friends
02:35subscribe to our channel and press the bell icon so that you can get updates of new videos
02:41and you can also watch our past videos so that you can know how we analyze and see the performance
02:53so friends now we will go to chart and analyze the outperforming sectors
03:04so first one is IT sector and the first stock is Wipro
03:10all the IT stocks are performing well but we like Wipro
03:20so this is the weekly chart of Wipro
03:23as you can see Wipro was closed in last week also
03:28and Wipro is coming continuously in this week also because the major level of Wipro is closed
03:35and as you can see Wipro has taken some rejection means there is some profit
03:40so if Wipro closes above 546 then you can make a new position
03:48and you will get some good targets
03:53as you can see the target of Wipro is almost high
04:02which is around 32%
04:06and the first resistance will come here which is around 12-13%
04:15so as soon as Wipro closes above 550 then we can make a new position
04:22with stop loss which is around 516 which is around 6-7%
04:31so if we give safe side then we can make a new position with 10% stop loss
04:38so this was Wipro play analysis
04:41so now let's go to LTI Mindtree which is our second stock
04:46so LTI Mindtree was made after merger of L&T and Mindtree
04:54this is also a good company
04:56and this company is L&T which is a well-known brand
05:00and Mindtree was made after their merger
05:04so they merged both of them LTI Mindtree
05:07so if you see this is the weekly chart of LTI Mindtree
05:10and here this candle looks like a rejection type
05:15why?
05:16because the upper side is more weak
05:19and this came after the run-up
05:23means there is some profit here
05:25so if you see this level
05:28we mark it here
05:30which comes out as 5563
05:33because if you see
05:355550 is the weekly high
05:39so if it comes above that
05:41then we can make a new buying position
05:45so let me tell you again
05:47when it will close above 5550
05:51then only we will make a new buying position
05:54otherwise it will take rejection from here
05:56and it can come down to this level to take support
06:00so now we are not interested in buying here
06:05when it will go above this level
06:07then only we can make a new buying position
06:12and if it comes down from here
06:14then this is a support level
06:16as you can see
06:17if it makes a good candle around this
06:20then we can make a new buying position
06:24and if you can see my reason for saying this
06:28if you can see
06:30this RSI has come near 60
06:33and there is a pause
06:36so if there is such a situation
06:38then it can come down from here
06:40so let it be cross this level
06:42then only we should take a new position in this stock
06:46and if it crosses in the coming week
06:49then we will make a position here
06:51our stop loss will come down
06:52the load of this candle
06:54and we can see the first target is around 12%
06:58and our second target will be around 32%
07:02which comes out to be around 7350
07:07but when this level will come
07:11then only
07:12our level is
07:15we buy expensive and sell expensive
07:17we don't buy cheap
07:19so we have to buy expensive and sell expensive
07:23the stock which is in momentum
07:25we have to buy that only
07:27the stock which is in slowdown
07:29we don't buy that
07:31so that we get the return in less time
07:34and get it fast
07:36and then we apply stop loss
07:38so that if it goes opposite to us
07:41then we can get rid of it by giving stop loss
07:44because no matter how good the stock is
07:46no matter how good the company is
07:48there are always ups and downs
07:51so stop loss is the only way to protect your capital
07:54so we have to protect our capital
07:56any trader or investor
07:58their first duty is to protect their capital
08:03so for this we have to give stop loss
08:05is the only way to protect your capital
08:07so we have to give stop loss and get rid of it
08:09the next sector was PAC sector
08:12and the first stock from that is power grid
08:15so power grid is the company which is related to power sector
08:23it works for distribution
08:25transmission and distribution
08:27of electrical elements
08:29so if you can see
08:31so we have taken out power grid
08:33it is same in this also
08:35when this level comes out of 350
08:37after that we have to make position
08:39because this big candle was made
08:41it was made around 4th June
08:43around 4th June
08:45so this is a very big candle
08:47and its high will not come out
08:49till then we cannot make new position
08:51so when that high will come out
08:53after that we have to make new position
08:55after 350
08:57and then we will take our target
08:59as 10% or 20%
09:01we will put stop loss of 10%
09:03and we will make our position
09:05then next stock is Gale India
09:07so
09:09now
09:11the chart will open
09:13Gale India weekly chart
09:15and
09:17Gale India is
09:19the company which works in gas exploration
09:21with that
09:23they are making their project
09:25in petrochemical sector
09:27now a new project is coming
09:29which is in Maharashtra
09:31there that
09:33PDHPP
09:35Dehydrogenation
09:37PP
09:39Polypropylene
09:41which is a very big project
09:43our logic is same
09:45this
09:47233 level
09:49when it will come out
09:51then we have to make entry
09:53and we have to give stop loss of 10%
09:55then we will
09:57trail our positions
09:59if stock moves
10:01in our desired direction
10:03then next sector is
10:05Pharma and the first stock of Pharma
10:07is Divislab
10:13so Divislab is
10:15a pharmaceutical company
10:17and is a well known brand in India
10:19we see many products of this
10:21if you
10:23go to buy medicines
10:25many medicines
10:27of this brand
10:29are sold in market
10:31so this is Divislab
10:33weekly chart
10:35this breakout level
10:37almost
10:39May
10:4122 means
10:43after 2 to 2.5 years
10:45this stock has come
10:47almost March 22
10:49so 2 to 2.5 years
10:51and now this stock
10:53has come in breakout
10:55and has given good 3 to 4 week consolidation
10:57so now if we want to make new position
10:59then we can make it
11:01this level
11:03if we make new position
11:05then we will get 15% return
11:07and our stop loss will be
11:096% stop loss
11:11so
11:13we are getting good stock
11:15and good valuation
11:17so we can make position
11:19and then
11:21we will give 6% stop loss
11:23and we will get
11:251 to 2 risk to reward
11:27so we can make position
11:29this level
11:31is
11:334,6,5,0
11:35above 4,6,5,0
11:37above 4,6,5,0
11:39above 4,6,5,0
11:41then we will make new position
11:43and after giving stop loss
11:45and as we get target
11:47so we can make
11:49new position
11:51in Divislab
11:53next is Dr. Reddy
11:55this is also well known brand
11:57Dr. Reddy's lab
11:59this is a good company
12:01and big company in India
12:03so if you see
12:05this is Dr. Reddy's weekly
12:07chart
12:09and now
12:11this is almost
12:13near to lifetime high
12:15means
12:17how much it will go up
12:19this may be 20000 or 20,000
12:21that is
12:23unknown
12:25but now
12:27as it goes above this level
12:29which is 6,5,5,0
12:31then we will make new position
12:33and our stop loss will be
12:35this swing
12:37which is 12% stop loss
12:39so if you can take 12% stop loss
12:41then only you can make position
12:43and then our target
12:45is almost 1 to 2
12:47which is 24%
12:49which is almost 8000
12:511 to 2
12:551 to 2
12:591 to 1
13:01which is 7,300 to 7,400
13:03so according to this
13:05we can make position
13:07now pharma sector
13:09is outperforming and this stock
13:11in its lifetime high
13:13this is a good chance to take this
13:15because sector is also performing
13:17and stock is also outperforming
13:19and stock is also outperforming
13:21so according to this
13:23you can make position
13:25so that's all for now friends
13:27thank you, you also study this stock
13:29and according to this
13:31you can make position